CryptoNews

Binance Warns of Fake Tokens Exploiting Its Name

November 21, 2024
Cryptocurrency exchange Binance warned its community on Monday about a surge in fraudulent tokens falsely claiming affiliation with the platform, spreading across social media. The company emphasized that these tokens are neither endorsed nor authorized by Binance, potentially exposing users to scams and financial harm. “Please remember to verify information through our official channels. Be…
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CryptoNews

13 Regions Face Crypto Mining Ban Under Russia's New Energy Policies

November 20, 2024
Russia’s governmental commission on electricity development approved cryptocurrency mining restrictions on Monday, set to take effect on Dec. 1 with subsequent enforcement covering Nov. 15 to March 15 annually through 2031. Deputy Energy Minister Yevgeny Grabchak confirmed the decision, which targets 13 regions, including Irkutsk, Buryatia, and Transbaikal, excluding Moscow. The extended…
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CryptoNews

UK Crypto Rules Poised to Shift as Trump's US Policy Gains Momentum

November 15, 2024
The UK government reportedly plans to unveil new UK cryptocurrency regulations this month, aiming to bolster the UK’s cryptocurrency regulations position as a global crypto hub amid increasing competition from the U.S., where recent policy shifts under Donald Trump favor the industry. The UK Treasury’s proposed legislation will cover stablecoins and seek a specific exemption for staking…
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CryptoNews

Inside Russia's Crypto Rules: Sberbank CEO Reveals Key Insights

November 14, 2024
Sberbank CEO Herman Gref stated that the use of cryptocurrencies as a payment method within Russia remains prohibited by law and is unlikely to be approved anytime soon. Speaking at the “FI Day. Blockchain: On the Edge of a New Financial Era” conference in Moscow, Gref highlighted the recent legislative changes allowing the use of digital currencies and cryptocurrencies for international…
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